Yahoo to acquire Tumblr in $1.1 billion cash deal

[newarkhiphop]

That cat's out of the bag a day early, it seems. Yahoo's board has approved a $1.1 billion cash deal to purchase the blogging site Tumblr, according to The Wall Street Journal. We were expecting Yahoo to announce the acquisition during tomorrow's NYC media event -- CEO Marissa Mayer may instead use the last-minute gathering to detail the company's plans for integrating the popular platform. It's unclear how Yahoo intends to utilize its latest procurement, but with a 10-figure price tag now public, we can only imagine that Tumblr will be put to good use. We'll be covering tomorrow afternoon's event live, so stay tuned for more details from New York City


Yahoo to acquire Tumblr in $1.1 billion cash deal

 

[StatUS]

Wonder what their users are gonna do now that it's gone "corporate."

 

[Black Magisterialness]

noooooooooooooooooooooo....












they better keep it uncensored...

 

[ThugLife]

*deletes account*

 

[newarkhiphop]

RIP Tumblr

 

[diggy]

noooooooooooooooooooooo....












they better keep it uncensored...

I think murda Mark will keep it gully

Sent from my Nexus 4 using Tapatalk 2

 

[Rev]

So Tumblr's founder, David Karp, is only 26 and never even graduated high school? He started messing with HTML at age 11, and took off from there.

I know he previously sold 25% of Tumblr, but i wonder how much of this $1.1B he's getting.

 

[Brooklynzson]

So Tumblr's founder, David Karp, is only 26 and never even graduated high school? He started messing with HTML at age 11, and took off from there.

I know he previously sold 25% of Tumblr, but i wonder how much of this $1.1B he's getting.

Tumblr founder could be worth up to $220m after Yahoo deal

 

[newarkhiphop]

 

[Pammy91]

yahoo The only thing I use it for is email (too lazy to switch to another one) and I have my inbox set as my homepage so I don't have to go to yahoo's main page

 

[Ayo]

Say Goodbye to the porn. No way a publicly traded corporate entity like Yahoo is going to stand for that shyt for long.

 

[Fillerguy]

Yahoo has 1 billion dollars?

 

[Liquid]

Too much IMO.

 

[GoldenGlove]

Say Goodbye to the porn. No way a publicly traded corporate entity like Yahoo is going to stand for that shyt for long.

There's nudity on flickr which is owned by Yahoo so who knows how they handle that.

 

[Ayo]

There's nudity on flickr which is owned by Yahoo so who knows how they handle that.

Ya but Yahoo actively tries to clean up the porn on Flickr. Or requires that the user make it private.

Nudity is generally accepted if it is considered artistic nudity.